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Upbit Trading Volume Surges 46.8% as XRP/KRW Dominates South Korean Market

South Korea’s largest cryptocurrency exchange Upbit witnessed a 46.8% spike in trading activity, with 24-hour volume reaching $4.765 billion. The XRP/KRW trading pair led market activity, accounting for 15.26% of total volume.

Other altcoins showing significant trading momentum included Doge, Ethereum (ETH), Tezos (XTZ), and CKB. The increased activity coincided with notable price appreciation for select assets.

Tezos (XTZ) demonstrated particularly strong performance with a 63.2% weekly gain, while CKB surged 43.1% within the last 24 hours. This trading surge highlights renewed investor interest across diverse digital assets on South Korea’s primary exchange platform.

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